Variable Compensation
With the tight margins in today’s ever-changing business landscape, it is now more important than ever to make sure your cash flow is on target. Unfortunately, your built-in Microsoft Dynamics GP commission tools may be working against you in this goal. For 20 years, the commission solution experts at EthoTech (the makers of Commission Plan)…
Read MoreStop Wasting Time with Commissions Calculations – Learn How Companies that process commissions, royalties, bonuses, rebates, and spiffs typically rely on in-house Excel systems to handle their commissions calculations, but that’s a mistake. You already know that using Excel-based systems to calculate commissions can result in frustrating headaches and errors, but you may not know…
Read MoreYou Deserve Easier Variable Pay Processes That’s why it is odd that many ERPs, including Microsoft Dynamics GP and Business Central, deliver only a minimalist built-in solution for variable pay processing. This oversight requires accounting teams to process complex variable comp transactions on spreadsheets. You see the problem? It’s time for you to eliminate the…
Read MoreAre You Delaying Your Compensation Management Software Implementation? Prior to a new ERP implementation, your consultant will ask you whether you would prefer to roll out your ERP all at once in a “big bang” approach, or little by little in a “phased” approach. Modern business leaders often choose the big bang approach because it…
Read MoreStruggling with Dynamics GP Variable Compensation? Here’s Why. Microsoft Dynamics GP is a great ERP, but it does not have great built-in capabilities for calculating commissions, royalties, and rebates. The largest issue that businesses experience with Dynamics GP variable compensation calculations is that both of the built-in commission computation methods can incorrectly pay your salespeople. Correcting Dynamics GP commission…
Read MoreMany Companies Are Making Serious Mistakes with Variable Compensation Management All business leaders understand that variable compensation plans impact sales performance, but only the wisest leaders understand that the way a variable comp program is managed impacts company revenues. For savvy leaders in today’s business landscape, variable compensation management is starting to take its place in the forefront…
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